Market Insights
The global integral waterproofing market is estimated to grow at a CAGR of 4.7% during the forecast period to reach a value of US$ 1.15 billion in 2028.
Integral waterproofing involves incorporating water-resistant additives or admixtures directly into the concrete or mortar mix during construction. This method creates a seamless and integrated waterproofing solution that helps prevent water penetration and protect the structure from damage. By enhancing the material's resistance to water, integral waterproofing improves durability, crack resistance, and overall structural integrity. Integral waterproofing is suitable for various applications and has gained popularity due to its eco-friendliness and ease of application. It eliminates the need for additional waterproofing products and protects against both positive and negative water pressure.
Key factors driving market demand include the desire for long-lasting and effective waterproofing solutions, the need to reduce the risk of water damage, such as leaks and corrosion, the demand for improved durability and crack resistance in structures, and the emphasis on sustainable and environmentally friendly building practices. Integral waterproofing provides a seamless and integrated approach to waterproofing, offering inherent protection throughout the entire structure without the need for additional external membranes or coatings. Its ability to enhance the overall structural integrity and reduce maintenance costs further reinforces its appeal as a reliable and efficient waterproofing solution.
Recent Market JVs and Acquisitions:
The market has recorded a fair number of M&A activities over the years. Integral Waterproofing is a relatively more fragmented market compared to the overall waterproofing market. There have been a significant number of mergers and acquisitions in the industry. For instance, Kryton International Acquired Cementec Industries in 2017. The acquisition solidified Kryton's dominant position as a leader in the fields of concrete waterproofing, concrete erosion protection, and concrete abrasion resistance.
Segments' Analysis
|
Segmentations
|
List of Sub-Segments
|
Dominant and Fastest-Growing Segments
|
|
Application-Type Analysis
|
Roofing & Walls, Building Structures, Industrial, Water & Wastewater Management, Tunnels, and Others
|
Roofing & Walls are expected to maintain their dominance during the forecasted period.
|
|
End-User -Type Analysis
|
Commercial, Residential, and Others
|
Commercial end-user segment to dominate the market during the study period.
|
|
Construction -Type Analysis
|
New Construction and Repair & Renovation
|
Repair & Renovation to dominate the market during the study period.
|
|
Regional Analysis
|
North America, Europe, Asia-Pacific, and the Rest of the World
|
Asia-Pacific is expected to remain the largest market over the next five years and is also likely to grow at the fastest rate.
|
Concrete, being a heterogeneous material, is vulnerable to damage caused by water infiltration, moisture, chloride diffusion, and acid. Water and moisture penetrate the concrete through its pores, capillaries, and micro-cracks, which can result in accelerated deterioration of the structure and costly repairs. Crystalline waterproofing serves as a preventive measure by blocking water ingress and sealing the pores and micro-cracks within the concrete. This integral waterproofing approach enhances the water resistance of the entire concrete structure from the inside, mitigating the risks of water-related damage.
Application Type
The market is segmented into roofing & walls, building structures, industrial, water & wastewater management, tunnels, and others. The roofing & walls segment has supremacy in the Integral Waterproofing market, driven by the wide usage of integral waterproofing on roofs and terraces. Integral waterproofing finds major applications across a wide range of construction areas. It is commonly used in basements, foundations, swimming pools, water tanks, tunnels, roof decks, terraces, retaining walls, dams, and various commercial and residential buildings.
Regional Analysis
Asia-Pacific is expected to remain the largest market for integral waterproofing over the forecast period. In addition to that, the region is also likely to witness the highest growth in the coming years. Rapid urbanization, infrastructure development, and increased construction activities in cities drive the need for reliable waterproofing solutions. China acts as a growth engine with its massive construction industry and a push for quality and durability in building projects. Integral waterproofing plays a crucial role in ensuring the longevity and integrity of structures, particularly in applications such as basements, foundations, and high-rise buildings.
The integral waterproofing market is segmented into the following categories:
By Application Type
- Roofing & Walls (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Building Structures (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Water & Wastewater Management (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Tunnels (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By End-User Type
- Commercial Structures (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Residential Structures (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Public Infrastructure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Construction Type
- New Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Repair & Renovation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Italy, and The Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and The Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Latin America, The Middle East, and Others)
Key Players
The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc. The market is fragmented with the presence of a large number of organized as well as unorganized manufacturers. Some of the key players catering to the Integral Waterproofing market are as follows.
- Oriental Yuhong
- Sika AG
- Kryton International
- BASF SE
- Xypex Chemical Corporation
- Carlisle Companies, Inc.
- RPM International Inc.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s integral waterproofing market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to five players)
- SWOT analysis of key players (up to five players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
